2024 – Page 36 – FintechDaily

US Treasury Requests Input on Implementing AI in Financial Services

The US Department of the Treasury is inviting public input on the risks and opportunities associated with the use of AI in financial services. As...

Lemon.Markets Secures €12M for Brokerage-as-a-Service Platform

Berlin-based brokerage-as-a-service platform lemon.markets has successfully raised €12 million in a funding round led by CommerzVentures. Heliad and existing investors, including Creandum, Lakestar, Lightspeed, and...

56% of US Businesses Provide Faster Payments; 35% Have Plans to Implement Them

According to a recent report from the US Faster Payments Council (FPC), significant efforts are still required to enhance the financial inclusivity of faster payments...

HSBC and BNY Mellon: Pioneers of the Quantexa GenAI Suite

HSBC and BNY Mellon are participating in the early adopter program for Quantexa's Q Assist, a context-aware generative AI technology suite. Quantexa positions itself as...

UK Payments Association Urges New PSR Chief to Postpone APP Fraud Regulations

The UK payments industry is urging the new interim chief of the Payment Systems Regulator (PSR) to delay the rollout of new rules aimed at...

Rabobank Participates in Hawk’s Funding Round

German RegTech Hawk has extended its Series B funding round with an additional investment from Dutch bank Rabobank. Hawk raised $17 million in March during...

EBAday 2024: Unveiling the Finalists of the Fintech Zone!

For the sixth consecutive year, EBAday will feature a dedicated Fintech Zone, where 16 early-stage and growth startups will compete for the title of the...

UBS Launches Pilot for Blockchain-Powered Payment System

UBS has successfully piloted a blockchain-based payment system known as UBS Digital Cash, aimed at enhancing the speed and efficiency of cross-border transactions for corporate...

TBC Uzbekistan Secures $15M Funding from EBRD and IFC

TBC Uzbekistan, a digital banking provider based in Central Asia, operates as a subsidiary of the London-listed TBC Bank Group. TBC Bank Group has recently...

BIS and MAS Develop Framework for Evaluating Bank Climate Risk

The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have created a blueprint for a platform designed to integrate regulatory and...